New Issue-Franklin Rscs sells $600 mln notes in 2 parts

Sept 19 (Reuters) - Franklin Resources Inc on
Wednesday sold $600 million of senior unsecured notes in two
parts, said IFR, a Thomson Reuters service.
Bank of America Merrill Lynch and Morgan Stanley were the
joint book-running managers for the sale.

BORROWER: FRANKLIN RESOURCES INC

TRANCHE 1
AMT $300 MLN COUPON 1.375 PCT MATURITY 09/15/2017
TYPE SR NTS ISS PRICE 99.455 FIRST PAY 03/15/2013
MOODY'S A1 YIELD 1.489 PCT SETTLEMENT 09/24/2012
S&P AA-MINUS SPREAD 80 BPS PAY FREQ SEMI-ANNUAL
FITCH N/A MORE THAN TREAS MAKE-WHOLE CALL 12.5 BPS

TRANCHE 2
AMT $300 MLN COUPON 2.80 PCT MATURITY 09/15/2022
TYPE SR NTS ISS PRICE 99.75 FIRST PAY 03/15/2013
MOODY'S A1 YIELD 2.829 PCT SETTLEMENT 09/24/2012
S&P AA-MINUS SPREAD 105 BPS PAY FREQ SEMI-ANNUAL
FITCH N/A MORE THAN TREAS MAKE-WHOLE CALL 20 BPS